Dubai-based conglomerate Al-Futtaim Group will participate in Egypt’s Economic Summit with high-profile delegation headed by vice chairman Omar Al-Futtaim, the group announced on Tuesday.
Al-Futtaim’s participation reflects the group’s great trust in the Egyptian market and keenness to cope with the available investment opportunities in this big event.
Egypt’s Economic Summit is scheduled to be held on March 13-15 in Sharm El-Shiekh.
In a statement, the group said the economic summit is important to get to know the presented investment projects to enhance production wheel and this is a real start for Egypt’s economy to grow.
According to the statement, the group said that UAE supports Egyptian people, cares to enhance the Egyptian economy and make use of the positive investment climate and the facilities provided by the Egyptian government for investors.
Al-Futtaim is one of the most progressive regional business houses headquartered in Dubai, United Arab Emirates.
Al-Futtaim operates through more than 65 companies across sectors as diverse as commerce, industry and services, and employs in excess of 20,000 people across the UAE, Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, Egypt, Pakistan, Sri Lanka, Syria, Singapore and Europe.
Structured into seven operational divisions; automotive, electronics, engineering and technologies, retail, financial services, general services, real estate and joint ventures, Al-Futtaim maintains a decentralised approach, giving individual businesses flexibility and versatility to maintain a competitive stance. This benefits employees, providing a clearly defined work culture where individuals are empowered with authority and responsibility for their work.
